CCPP Jan - Feb - 2011
CCPP Jan - Feb - 2011
.com
FEATURED PROPERTIES
Shadow Wood At The Brooks. Shadow Wood At The Brooks,
Bonita Springs Bonita Springs
1283. 4 bedrooms plus den, 3.5 baths, 3702 s.f., 6471 total s.f., 3-car garage. Picturesque long lake and South 1592. Beautiful 4 bedroom + den, 4.5 bath, 3-car garage, 3327 s.f., 6874 total s.f. Ideal for both family and
course 9th green views and only a short stroll to the beautiful clubhouse. Outstanding upgrades and features friends with a large open great room floor plan. Immediately upon entrance through to the grand great
throughout. Tile, accent in-lays, tray ceilings, crown molding, custom built-ins, designer window treatments, room’s disappearing sliders offers gorgeous expansive lake views. Detailed throughout with tile on diagonal,
plantation shutters, 2-HVAC zoned units, 2 water heaters (1 tankless). Gourmet kitchen, built-in panel variety of tray ceilings with crown, accent in-lays, window treatments, high impact windows, 2-zoned
appliances, wall oven, cook top, 42” cabinetry in glaze finish, decorative backsplash, center island with granite HVAC. Gourmet kitchen, rich paneled cabinetry in a glaze finish, built-in paneled appliances, wall oven,
and breakfast nook with stunning miter windows. Spacious family room, built-in entertainment center with cook top, granite counter tops, decorative backsplash tile and breakfast nook with stunning miter windows
additional zoned speakers. Living room, wet-bar with granite and stunning built-ins with fireplace enclosed by offering picturesque water views. Expanded paver lanai with built-in summer kitchen, grill, heated pool/spa,
marble. 3 guest bedrooms all with custom closet cabinetry, 2 with Jack-n-Jill bath, 3rd with bath. Spacious den waterfall, pool bath, outdoor shower and accented outdoor lighting emphasizing the landscaping. All guest
with closet which can be used as 5th bedroom. Vast master suite, sitting area, private entry to the paver lanai with bedrooms with private baths, with one offering a convenient private entry to lanai. Vast master suite, French
built-in summer kitchen, gas grill, granite countertop and beautiful built-in gas heated pool/spa and pool bath. door entry to lanai and exquisite bath, his/her vanity, center tub, 2 dramatic archway entries to walk-in
Offered at $1,190,000. Call Michael 239 498-7600. shower with views to the tropical garden atrium . Offered at $1,195,000. Call Michael 239 498-7600.
To have Your Home Featured In the Next Issue Call D. Michael Burke, P.A. 239.498.7600
To:
Bonita Springs, FL 34134
24851 South Tamiami Trail, Suite 1
Keller Williams Elite Realty
PERMIT NO 815
FT MYERS, FL
PAID
U.S. POSTAGE
PRSRT STD.
[Link]
Web site owned and maintained by Michael Burke of Keller Williams Elite Realty, Bonita Springs, FL 34134
2 | January | February | 2011
Healthy Living
Ask a Weightlifter... By Dr. Todd Wickmann, Lifestyle Chiropractic
What do you think a weightlifter can teach you regime actually experience
about your low back? In a word - plenty! less back pain than those
Weight or strength training is a popular addition who only engage in one
to aerobic exercise in many gyms and home exercise type of exercise. There was
programs. Weightlifters have known about the a 60% improvement rate in
benefits of properly executed resistance training for pain for those participants
years, despite age-old myths that weightlifting can in the resistance training
cause serious injury and lower back pain. group, compared to only
For example, did you know that: a 12% improvement in the
• In one study, weightlifters actually experienced aerobic training group.
less back pain than a control group of men who didn’t Aerobic activity doesn’t
lift weights? (23% of weightlifter group experienced have any real effect on pain
low back pain compared to 31% of normal active men) according to this study. In
• Weightlifting is the safest form of resistance addition, the whole-body
training? approach used in resistance
• Weightlifting is safer than other sports, such as training helps to strengthen
soccer and football? the body, decrease fatigue
• Weightlifting is a great way to build lean muscle and increase performance
weight and lower fat weight, helping you to tone and in everyday activities.
stay in shape? If you suffer from low
• Weightlifting helps to prevent osteoporosis back pain, you just might Lifting weights actually reduces back pain!
because it encourages strong bones that aren’t as need to add some weight
prone to fractures? training to your aerobic
In terms of weight training, a research study routine. That, along with your regular chiropractic If you have any questions about weight or resistance
conducted by the University of Alberta concluded adjustments, can help to reduce pain and keep your training, please be sure to ask when you are in for your
that those who add weight training to their exercise nervous system functioning at peak levels. next visit!
.com
Publisher
Joyce Bunting
AVENUE1410 166-0
TM
Timeless cool
/ TM Radio. Different.
joyce@[Link]
Executive Editor
D. Michael Burke, P.A.
Michael@[Link]
It’s Current, It’s Classic
Assistant Editor
Shelly Burke
It’s Timeless Cool!
Shelly@[Link]
The Avenue is a multi-genre mix of music featuring a balanced
Market Report Editor
Justin Jordan blend of classic, contemporary cool that you won’t hear anywhere
Justin@[Link] else. We call it Timeless Cool. We think that you’ll find it refreshing
Street Address and different, The Avenue is a mixture of vocal based jazz and blues
[Link] designed to reach upscale, well educated adults 35 and older.
24851 South Tamiami Trail, Suite 1
Bonita Springs, FL 34134 Find us on the dial in Lee County @ 1410AM and in Collier County @ 1660AM
Call 239-498-7600
Or visit us on the web at
[Link]
[Link]
January | February | 2011 | 3
cook | koŏk |
verb
1 [trans.] prepare (food, a dish, or a meal) by combining and heating the ingredients
in various ways. Shall I cook dinner tonight?
WHEN TO CALL
Before you donate
239-948-1147
Moving (downsizing, out of state, into assisted living)
Contact Us Today! Home Inspections from $199.00 • Home Watch Service from $20.00/mo.
Simply Puzzling
Crossword!
Across 50. Vegetable
1. Distort 53. Roman deity
5. Symbol 54. Shopping center
9. Form of transport 56. Unsound
12. Beer 58. Guided
13. Not any 59. Chances
14. Division of quantity 63. Settled a debt
16. Satire 64. Affirm
17. Vista 66. Expect
18. Conflagration 67. Land measure
19. Surface boundary 68. Circular band
20. Electrically charged particle 69. Transport back and forth
21. Frequently 70. Beverage
22. Employment 71. Instance or example
24. Unhappy 72. Woody plant
26. Finish Down
27. Health resort near a spring 1. Part of a hospital
30. Compete 2. Excited
31. Overt 3. Regenerate
33. Young domestic cattle 4. Be nosey
35. Consume 5. Call forth
36. Long narrative poem 6. Metal money
40. Change 7. Single
41. Armed conflict 8. Novel
42. Wetland 9. Aficionado
43. Inert gas 10. Join together
44. Stray 11. Sea nymph
45. Team spirit 12. Fib
46. Ripped 15. Look after 23. Finished 45. Fermented honey and water
48. Snakelike fish 20. Part of the eye 24. Rise upward 47. Choose, usually followed by for
49. Coniferous tree 21. Poem 25. Appropriate 48. Come out into view
27. Examine closely 50. Insect, between adult and larva
Sudoku!
28. Pallid 51. Ordain
29. Singing voice 52. Ablaze
32. Close 55. Move something down
34. Part of a volcano 57. Notion
35. Part of a cereal plant 58. Part of a camera
37. Supplicate 60. Challenge
38. Small island 61. Desperate
39. Manducate 62. Pig pen
41. Small bird 64. Part of a circle
42. Gangster’s girlfriend 65. By way of
44. Epoch 66. Toward the stern
10%
Your order of $10 or more. Not
¾ We can cater your meetings for up to 30 guests in our establishment.
Please see Shellanne for details. valid on Merchandise purchases.
Cannot be combined with any
OFF
¾ We offer live entertainment on select weekend nights, please look
for postings of dates. other offer. One coupon per
¾ Come join us. Relax and enjoy our Old World Style Atmosphere. family. Must be original coupon.
239-495-5500
10020 Coconut Road, Suite 130, Bonita Springs, FL 34135
Corner of Coconut Rd. & Three Oaks Parkway next to Sweetbay
6 | January | February | 2011
CAppraisals,
LIBER Inc.
Alan R. McCrank
[Link] RD6367
Covering Lee & Collier Counties
[Link]
[Link]
239-571-1706
amccrank@[Link]
Professional Appraisal Services
¥ M a r k e t Va l u e ¥ E s t a t e P l a n n i n g ¥ B a n k r u p t c y / E s t a t e
¥Divorce Settlement ¥PMI Removal ¥FHA/USDA
January | February | 2011 | 7
REAL
ESTATE .com
Choose success. Ch
ESTERO | BONITA
Few real estate agents are as driven as
Bonita Bay, Bonita Springs
3142. This 2 bed+den, 2 bath, 2050 sf under,
committees, this multi-million dollar prod
3467 total sf, Key West style home features
an outstanding 1500 bottle climate controlled involved. Whether you are selling or bu
wine room w/tasting table. Discriminating
details and custom finishes and upgrades state-of-the-art marketing methods, inte
throughout. Gourmet kitchen, built-in
appliances, granite counters, cabinets w/crown
and accented paned inserts. Great room with
satisfaction. His drive to succeed is tempe
fabulous built-in entertainment center and
impressive beamed ceilings and beautiful inlaid
marble floors. Added bonus with lower level 4
car garage. Offered at $374,000.
Choose Michael Burke
Call Michael 239-498-7600.
as your real estate agent, and sit on th
MARKET REPORT
P = Pending
CS = Closed
= Short Sale
ESTERO | BONITA SPRINGS | NAPLES = Foreclosure
Michael@[Link] | 239-777-0473
January, 2011 - 2-Year Market Trends
0
The two year market trends in The Colony show the large improvement in inventory reduction. The Colony will continue to be a very dynamic community with a wide range of home
categories from Estate Homes, Villa Homes and Condos to High‐rises and Midrise and with the large number of distress sales, pricing your home properly can be complicated and will Year‐to‐date closed sales are up 13% over 2009. All price segments show sales increases over 2009, with $1M+ sales posting the largest increase. There is still a lot of work to do in the
take a professional familiar with The Colony to market your home properly. In 2010, 22% of sales in The Colony were either short sales or foreclosures and 13% of the homes currently for housing industry but the shrinking inventories and increasing sales show that we are making [Link] the end of the year we’ve extended the Market Trends report on most
sale are distress sales. The Colony will see similar distress sale percentages in 2011. This season sellers should expect fierce competition especially in the Estate home segment with communities to two years. Selling in 2011 is clearer than it was a year ago. The recent sales show us were the trigger points are for buyers and while prices have dropped so have the
builders selling their own product alongside resales. prices of your next potential home. A skilled agent like Michael Burke will help you sell for top dollar and buy low. 63% of all sales are currently $250k and less. Investors are buying many
of low end property and that trend will continue in 2011. A Bella Terra condo just sold for $70k with fees around $300 a month and able to collect rent at $1000 for an annual renter
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
many investors are capitalizing on deals like this one. On the higher end we are also seeing homeowners selling for a smaller homes to buy larger ones to take advantage of the lower
Single Family Homes in The Colony (Closed & Pending From September 1st to October 31st, 2010) prices. We are also seeing more homes sell up north allowing buyers to relocated to a warmer weather estate home.
P 4660 Via Ravenna 3+Den 3 1 Turnkey Yes Yes NW Landscaped Area 3447 2005 $999,000 $290 43 We’re sorry but we love to hear about the horrible weather up north. We know that there nothing motivates buyer to be in Florida like heavy snow storms. Temperatures are in the 70s
CS 23860 Messina Ct 3 Bed 3 2 Turnkey Yes Yes W Golf Course, Lake 5090 2001 $2,150,000 $422 12/2/2010 $2,150,000 $422 1 100%
Condos in The Colony (Closed & Pending From September 1st to October 31st, 2010)
in Lee County and not a cloud in the sky. Pricing and strong marketing will still be key to selling in 2011. It is a fact that homes in the lower 25% of the pricing scheme have a dramatic
P 23741 Merano Ct, #202 3+Den 3 0 Turnkey No No E Golf Course, Preserve 2748 2004 $400,000 $146 344 increase in showings, if your showings increase, you increase your odds of an offer.
Highrises & Midrises in The Colony (Closed & Pending From September 1st to October 31st, 2010)
CS 23540 Via Veneto Blvd, #502 3 Bed 2 1 Unfurnished No No W Bay, Golf Course, Lake 1910 2006 $325,000 $170 11/30/2010 $370,000 $194 476 114%
CS 24001 Via Castella Dr, #3504 3 Bed 3 1 Unfurnished No No SW Bay, Golf Course, Preserve 2665 2006 $529,000 $198 12/6/2010 $515,000 $193 74 97%
CS 24031 Via Castella Dr, #1501 3 Bed 3 1 Unfurnished No No SW Bay, Preserve 2665 2006 $579,000 $217 12/3/2010 $542,000 $203 114 94%
CS 23850 Via Italia Cir, #605 2+Den 2 1 Unfurnished Yes No W Bay 2273 2007 $649,900 $286 12/3/2010 $602,500 $265 137 93%
P 23850 Via Italia Cir, #1404 3 Bed 3 0 Unfurnished No No W Golf Course, Gulf and Bay 2086 2007 $699,500 $335 77
Bonita Springs 2-Year Market Trends
0
Do price adjustments have an impact on homes selling? The purple line represents Price Changes and the red represents Pending "or homes under contract" the two lines follow almost
step by step each month. If your home hasn't sold it will likely needs a price adjustment. PRICE REMAINS TO BE THE KEY TO GETTING YOUR HOME SOLD!
Pelican Landing is the most consistent community in the area. By looking at the two year market trends sellers can expect increasing inventory and price improvements thru March 2011
and inventory turnover at around 8% per month. While Pelican Landing is one of the better selling communities, the 8% turnover shows that sellers still need to be aggressive in price
and with high inventory buyers will likely be looking at several different homes so keeping your home in top showing condition will be very important. 0
It is a fact the homes in the lower 25% of the pricing scheme have a dramatic increase in showings, if your showings increase, you increase your odds of an offer. If you have not had any
showings (maybe one or two) in the last 30 days YOUR ARE OVER PRICED. The market is speaking to you, are you listening?
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Single Family Homes in Pelican Landing (Closed & Pending From November 1st to December 31st, 2010)
CS 24930 Pennyroyal Dr 4 Bed 3 1 Unfurnished Yes Yes W Golf Course, Lake 3088 1993 $629,000 $204 11/11/2010 $530,000 $172 231 84%
CS 25058 Pinewater Cove Ln 3 Bed 2 0 Negotiable Yes No W Landscaped Area 1704 1996 $370,000 $217 12/15/2010 $365,500 $214 295 99%
CS 25262 Galashields Cir 2+Den 2 0 Negotiable Yes No W Golf Course 2012 1997 $439,000 $218 11/15/2010 $390,000 $194 133 89%
CS 24571 Woodsage Dr 3+Den 2 1 Unfurnished Yes No N Lake 3151 1993 $699,900 $222 11/30/2010 $600,000 $190 254 86%
CS 25006 Pinewater Cove Ln 3 Bed 3 0 Unfurnished Yes No N Lake 1948 1995 $440,000 $226 11/15/2010 $380,000 $195 133 86%
CS 3651 Lakemont Dr 3 Bed 2 0 Negotiable Yes Yes S Lake 2439 1992 $565,900 $232 11/29/2010 $500,000 $205 49 88%
Condos in Pelican Landing (Closed & Pending From November 1st to December 31st, 2010)
CS 24370 Sandpiper Isle Way, #101 2 Bed 2 0 Unfurnished No No SE Lake 1621 1997 $169,000 $104 12/2/2010 $169,000 $104 94 100% There is a definite similarity between price adjustments and Price Changes in Estero. There was a large spike in Pending properties in January due to the large influx of seasonal residents
CS 25200 Pelican Creek Cir, #202 3 Bed 2 0 Unfurnished No No NW Landscaped Area 1846 1996 $200,000 $108 12/21/2010 $187,500 $102 338 94% coming back to town. If your home has not sold it likely needs a price improvements. Numbers do not lie!
P 3484 Pointe Creek Ct, #202 3 Bed 2 0 Unfurnished No No NE Lake 1650 2001 $179,900 $109 37
CS 3421 Pointe Creek Ct, #104 2+Den 2 0 Turnkey No No S Water, Creek 1335 1997 $149,800 $112 11/29/2010 $142,000 $106 112 95%
P 24470 Reserve Ct, #201 3 Bed 2 0 Negotiable No No S Golf Course 2140 1994 $255,000 $119 64
CS 25151 Sandpiper Greens Ct, #201 3 Bed 3 0 Turnkey No No SE Golf Course, Lake 2212 2004 $300,000 $136 11/8/2010 $285,000 $129 47 95%
P 24797 Lakemont Cove Ln, #204 3+Den 2 0 Negotiable No No W Pool/Club 1882 1992 $259,000 $138 44
CS 24627 Ivory Cane Dr, #203 3 Bed 2 1 Turnkey No No SW Golf Course, Lake 2112 1997 $299,900 $142 12/17/2010 $285,000 $135 110 95%
Spring Run at the Brooks 2-Year Market Trends
0
P 24651 Canary Island Ct, #201 3 Bed 2 1 Turnkey No No E Lake 2112 1996 $299,900 $142 225
To view Active listings visit [Link]
Prosperous 2011!
w/vaulted ceilings, archways, niches, French doors. CS 9351 Spring Run Blvd, #3202 2+Den 2 0 Turnkey No No E Golf Course 1558 2002 $199,500 $128 11/29/2010 $190,000 $122 88 95%
2 guest bedrooms one very large in size doubling CS 9161 Spring Run Blvd, #1705 2 Bed 2 0 Turnkey No No N Golf Course, Lake 1333 2000 $180,800 $136 12/15/2010 $170,000 $128 864 94%
perfectly as a media room. Water, golf course, CS 9291 Spring Run Blvd, #2703 2 Bed 2 0 Negotiable No No E Golf Course, Lake 1333 2002 $183,777 $138 11/1/2010 $162,000 $122 184 88%
tropical views through a wall of sliders from CS 23516 Sandycreek Ter, #207 3 Bed 2 0 Furnished No No NW Golf Course, Preserve 1811 1999 $284,900 $157 12/16/2010 $272,500 $150 66 96%
morning room to the great room opens to the tailed
lanai.. Quietly located at the end of the street in a To view Active listings visit [Link]
private neighborhood of Oak Hammock at Shadow
Wood At The Brooks. Offered at $310,000.
Copperleaf at the Brooks 2-Year Market Trends Grandezza 2-Year Market Trends
0
For two years in Copperleaf the most turnover in one month was 11%. With inventory high it is important to be leading the market this season or else you will likely be holding your Grandezza is temporarily waiving the equity memberships so new members only have to pay annual dues! This along with soon to be price improvement spikes will make Grandezza an
home still in 2012. The homes in Copperleaf are all fairly similar and easy to position in the market. With a professional and accurate CMA you will be able to position your home to sell exceptional value this season. While Grandezza has seen very good progress the last two years sellers are now seeing inventory in the 70s for the first time since July 2009. While demand
this season. will be strong this season with the membership value, elevated inventory will make competition fierce.
List List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Single Family Homes in Copperleaf at the Brooks (Closed & Pending From November 1st to December 31st, 2010) Single Family Homes in Grandezza (Closed & Pending From November 1st to December 31st, 2010)
CS 23311 Caraway Lakes Dr 3+Den 2 0 Negotiable Yes No E Golf Course 2208 2002 $475,000 $215 12/1/2010 $374,000 $169 233 79% CS 19991 Markward 3+Den 3 0 Unfurnished Yes Yes SE Golf Course, Lake 2640 2006 $414,900 $157 11/12/2010 $403,000 $153 110 97%
P 24381 Copperleaf Blvd 3 Bed 2 0 Negotiable Yes Yes E Golf Course, Lake 1955 2003 $499,900 $256 310 P 20136 Saraceno Dr 2+Den 2 0 Unfurnished Yes Yes W Preserve 2022 2003 $375,000 $185 34
Condos in Copperleaf at the Brooks (Closed & Pending From November 1st to December 31st, 2010) P 19942 Markward 3+Den 3 0 Negotiable Yes No N Golf Course, Lake, Preserve 2939 2004 $674,900 $230 393
P 22800 Sago Pointe Dr, #2502 2+Den 2 0 Negotiable No No SE Golf Course, Lake 1633 2002 $239,000 $146 73 CS 20095 Palermo Lake Ct 3 Bed 2 0 Furnished Yes Yes E Lake 1627 2004 $497,900 $306 12/2/2010 $325,000 $200 250 65%
To view Active listings visit [Link] Condos in Grandezza (Closed & Pending From November 1st to December 31st, 2010)
CS 20121 Seagrove St, #507 2+Den 2 0 Furnished No No E Golf Course, Lake 1490 2002 $155,000 $104 12/25/2010 $145,000 $97 380 94%
P 20200 Calice Ct, #103 3+Den 2 0 Unfurnished No No W Golf Course, Lake 2150 2004 $233,640 $109 52
Wildcat Run 18-Month Market Trends
0
CS 20130 Seagrove St, #2502 2+Den 2 0 Furnished No No E Golf Course, Lake 1642 2002 $191,960 $117 12/17/2010 $176,500 $107 356 92%
CS 20151 Seagrove St, #201 2+Den 2 0 Partly Furnished No No E Golf Course, Lake 1449 2001 $189,900 $131 11/1/2010 $160,000 $110 197 84%
CS 20251 Burnside Pl, #601 3 Bed 2 0 Unfurnished No No E Golf Course, Lake 1767 2005 $279,000 $158 12/10/2010 $245,000 $139 104 88%
CS 20281 Burnside Pl, #903 3 Bed 2 1 Turnkey No No E Golf Course, Lake 1767 2005 $339,900 $192 12/3/2010 $270,000 $153 271 79%
To view Active listings visit [Link]
Wildcat Run inventory has been fairly consistent the last couple of years and Wildcat Run sales have not had any significant spikes. It appears "season" has no impact on sales in Wildcat
Run. Sellers should not expect any different in 2011 and with monthly turnover around 6% sellers will need to be aggressive to sell. Wildcat Run does traditionally see an increase in
price improvements during the early months of the year so keeping your home positioned ahead of the market will be very important.
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Single Family Homes in Wildcat Run (Closed & Pending From November 1st to December 31st, 2010)
CS 20613 Wildcat Run Dr 2+Den 2 1 Partly Furnish Yes Yes W Golf Course 2137 2004 $359,000 $168 11/29/2010 $329,000 $154 33 92%
CS 20099 Cheetah Ln 3+Den 3 2 Unfurnished Yes Yes SE Lake 3830 2009 $699,000 $183 11/23/2010 $625,000 $163 209 89% The two year market trends in Rapallo show improvement in inventory reduction and while turnover is only about 4% per month there have been minimal sales every month in 2010.
P 12600 Wildcat Cove Cir 2+Den 2 0 Turnkey Yes No S Golf Course 2386 2001 $375,000 $157 162 Rapallo is a one of a kind community offering ideal location and superior amenities. When you factor in what you get for the monthly fees in Rapallo you will find the fees are a great
P 20108 Cheetah Ln 3+Den 4 0 Unfurnished Yes Yes NW Golf Course, Lake 3660 2009 $649,000 $177 246
Condos in Wildcat Run (Closed & Pending From November 1st to December 31st, 2010)
value. With Rapallo’s great amenities, beautiful homes and value fees we strongly believe Rapallo is one of best communities in the area. Homes in Rapallo are all fairly similar and with
CS 20667 Wildcat Run Dr, #102 3 Bed 2 0 Unfurnished No No W Lake, Preserve 1759 2000 $219,500 $125 12/29/2010 $215,000 $122 230 98% inventory high; buyers have so much to choose from and setting your home apart from the others can be difficult. Low turnover and high inventory means prices will drop in Rapallo. It
CS 20881 Wildcat Run Dr, #6 3 Bed 3 0 Unfurnished No No SW Lake, Preserve 2560 1995 $299,900 $117 12/29/2010 $275,000 $107 394 92%
is the smart seller that stays ahead of the market. Competitive and aggressive PRICING within your home segment will be critical to getting your home sold this season.
To view Active listings visit [Link]
It is a fact the homes in the lower 25% of the pricing scheme have a dramatic increase in showings, if your showings increase, you increase your odds of an offer. If you have not had any
Lighthouse Bay at the Brooks 2-Year Market Trends
0
showings (maybe one or two) in the last 30 days YOUR ARE OVER PRICED. The market is speaking to you, are you listening?
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Rapallo (Closed & Pending From November 1st to December 31st, 2010)
P 22310 Piazza Doria Ln, #205 2+Den 2 0 Unfurnished No No W Lake 1342 2006 $139,900 $104 106
P 8608 Via Rapallo Dr, #203 3 Bed 2 0 Unfurnished No No N Lake 1732 2006 $239,000 $138 67
CS 8533 Via Garibaldi Cir, #202 3 Bed 2 0 Unfurnished No No SE Lake 2492 2007 $355,000 $142 11/8/2010 $310,000 $124 120 87%
P 22321 Piazza Doria Ln, #204 3 Bed 2 0 Turnkey No No E Lake 1746 2006 $249,000 $143 87
CS 8625 Via Rapallo Dr, #204 3 Bed 2 0 Unfurnished No No S Lake 1732 2007 $249,000 $144 11/1/2010 $238,000 $137 114 96%
CS 8516 Via Lungomare Cir, #206 2 Bed 2 0 Negotiable No No SE Lake 1836 2006 $299,500 $163 12/16/2010 $281,000 $153 77 94%
CS 8681 Piazza Del Lago Cir, #203 2+Den 2 0 Negotiable No No S Lake 1732 2007 $314,000 $181 11/6/2010 $298,000 $172 557 95%
P 22162 Point Ramano 3+Den 2 0 Unfurnished No No W Lake 2376 2007 $529,000 $223 1050
P 22312 Punta Del Capo Ct, #103 3 Bed 2 0 Unfurnished Yes No SW Lake 1976 2006 $449,000 $227 99
Inventory has dropped nearly 50% the two years in Lighthouse Bay. With buyers having few properties to chose from having your home in top showing condition could be the difference To view Active listings visit [Link]
between selling or holding onto your home until 2012. With prime selling months from Jan to March if you are not getting a couple showings a week you need to look at your homes
positioning in the market before it is too late. Call Michael Burke at 239‐498‐7600 and he will show you how to price it properly!
List
Shadow Wood at the Brooks 2-Year Market Trends
0
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Lighthouse Bay at the Brooks (Closed & Pending From November 1st to December 31st, 2010)
P 23891 Costa Del Sol Rd, #101 2+Den 2 0 Unfurnished No No W Lake 1364 2002 $142,016 $104 92
CS 23731 Old Port Rd, #203 2 Bed 2 0 Furnished No No W Lake 1176 2000 $139,000 $118 11/15/2010 $135,000 $115 120 97%
P 10910 Santa Margherita Rd, #203 2+Den 2 0 Unfurnished No No N Lake 1446 2003 $175,000 $121 223
P 23820 Marbella Bay Rd, #204 2+Den 2 0 Negotiable No No E Lake 1402 2003 $185,000 $132 226
CS 23721 Eddystone Rd, #203 2 Bed 2 0 Turnkey No No SW Lake 1392 2001 $185,000 $133 12/15/2010 $167,500 $120 126 91%
P 23833 Amalfi Coast Rd, #125 3 Bed 2 0 Unfurnished No No W Lake 1956 2004 $319,000 $163 10
To view Active listings visit [Link]
Shadow Wood at the Brooks is one of the most desirable communities in Lee County. With membership issues resolved we expect a good season in 2011. Shadow Wood inventory is
consistent with 2010 and will likely break into the 100s by February 2011. The 2010 sales spike in January and February was due to membership turnover and pent up demand, while we
believe 2011 will be a good season we won't see as dramatic of a spike in the next couple months. Selling in Shadow Wood at the Brooks is a bidding war inside a beauty contest and the
increased inventory and price reduction in the winter makes selling very competitive pricing your home competitively will be key to selling in 2011.
Keller Williams Elite Realty is currently dominating the Shadow Wood at the Brooks market holding 50% of all listings and 34% of sales in 2010.
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Shadow Wood Preserve should be a hot community this season but it won't be ,why? Prices are still too high, the buyers are speaking to Shadow Wood Preserve. This community offers Single Family Homes in Shadow Wood at the Brooks (Closed & Pending From November 1st to December 31st, 2010)
homes built by some of the best builders in SWFL and amenities comparable to any top luxury golf community in the area however home prices are being perceived as too high by CS 21891 Longleaf Trail Dr 4+Den 2 1 Negotiable Yes Yes N Lake 2453 2005 $529,500 $216 11/15/2010 $475,000 $194 163 90%
P 9247 Oak Strand Dr 3+Den 2 1 Unfurnished Yes Yes S Lake, Preserve 2467 2000 $549,000 $223 325
buyers. Like it or not prices will drop in Shadow Wood Preserve and if you are looking to sell it will be best to sell sooner before prices drop further. Selling is far from hopeless in Shadow CS 9091 Falling Leaf Dr 3+Den 2 1 Negotiable Yes Yes S Wooded Area 2453 2002 $559,000 $228 11/12/2010 $535,000 $218 230 96%
Wood Preserve but strong marketing and an accurate CMA will be extremely important to getting your home sold. P 9521 Chartwell Breeze Dr 3+Den 3 1 Negotiable Yes Yes SW Lake 3755 2006 $975,000 $260 239
CS 22556 Baycrest Ridge Dr 3+Den 3 0 Negotiable Yes Yes NW Golf Course, Lake 2770 2004 $739,000 $267 11/15/2010 $675,000 $244 1 91%
List
CS 10065 Ginger Pointe Ct 3+Den 3 1 Unfurnished Yes Yes S Golf Course 2662 2001 $729,000 $274 11/18/2010 $700,000 $263 140 96%
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
CS 10551 Timber Lawn Dr 4+Den 4 1 Unfurnished Yes Yes NW Golf Course, Preserve 3755 2006 $1,099,000 $293 11/25/2010 $1,000,000 $266 217 91%
Single Family Homes in Shadow Wood Preserve (Closed & Pending From November 1st to December 31st, 2010)
CS 9100 Willow Walk 3+Den 3 2 Negotiable Yes Yes NE Golf Course, Lake, Preserve 3520 2002 $1,195,000 $339 12/17/2010 $1,070,000 $304 77 90%
CS 18271 Parkside Greens Dr 3+Den 2 0 Unfurnished Yes Yes E Golf Course, Preserve 2540 2004 $499,900 $197 12/17/2010 $450,000 $177 411 90%
P 22041 Shallowater Ln 3+Den 3 1 Unfurnished Yes Yes SE Golf Course, Lake, Preserve 3524 2006 $1,250,000 $355 59
CS 18880 Knoll Landing Dr 3+Den 4 0 Unfurnished Yes Yes W Golf Course, Preserve 3590 2007 $799,999 $223 12/10/2010 $730,000 $203 109 91%
P 9320 Lakebend Preserve Ct 3+Den 3 1 Unfurnished Yes Yes S Golf Course, Lake 3519 2003 $1,250,000 $355 118
Condos in Shadow Wood Preserve (Closed & Pending From November 1st to December 31st, 2010)
Condos in Shadow Wood at the Brooks (Closed & Pending From November 1st to December 31st, 2010)
P 18510 Sandalwood Pointe #201 3+Den 2 1 Furnished No No SW Golf Course 3101 2003 $250,000 $81 38
P 10321 Autumn Breeze Dr, #102 3 Bed 2 1 Negotiable No No E Lake 2060 2002 $289,900 $141 332
CS 7090 Bay Woods Lake Ct, #201 3+Den 2 0 Turnkey No No S Lake 2380 2004 $239,000 $100 12/10/2010 $220,000 $92 230 92%
CS 9201 Palmetto Ridge Dr, #201 2+Den 2 0 Negotiable No No S Golf Course, Lake 2040 2003 $334,900 $164 12/9/2010 $315,000 $154 129 94%
To view Active listings visit [Link] To view Active listings visit [Link]
2 | Special Market Report |January | February | 2011 P = Pending / CS = Closed / = Short Sale / = Foreclosure P = Pending / CS = Closed / = Short Sale / = Foreclosure Special Market Report | January | February | 2011 | 3
Copperleaf at the Brooks 2-Year Market Trends Grandezza 2-Year Market Trends
0
For two years in Copperleaf the most turnover in one month was 11%. With inventory high it is important to be leading the market this season or else you will likely be holding your Grandezza is temporarily waiving the equity memberships so new members only have to pay annual dues! This along with soon to be price improvement spikes will make Grandezza an
home still in 2012. The homes in Copperleaf are all fairly similar and easy to position in the market. With a professional and accurate CMA you will be able to position your home to sell exceptional value this season. While Grandezza has seen very good progress the last two years sellers are now seeing inventory in the 70s for the first time since July 2009. While demand
this season. will be strong this season with the membership value, elevated inventory will make competition fierce.
List List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Single Family Homes in Copperleaf at the Brooks (Closed & Pending From November 1st to December 31st, 2010) Single Family Homes in Grandezza (Closed & Pending From November 1st to December 31st, 2010)
CS 23311 Caraway Lakes Dr 3+Den 2 0 Negotiable Yes No E Golf Course 2208 2002 $475,000 $215 12/1/2010 $374,000 $169 233 79% CS 19991 Markward 3+Den 3 0 Unfurnished Yes Yes SE Golf Course, Lake 2640 2006 $414,900 $157 11/12/2010 $403,000 $153 110 97%
P 24381 Copperleaf Blvd 3 Bed 2 0 Negotiable Yes Yes E Golf Course, Lake 1955 2003 $499,900 $256 310 P 20136 Saraceno Dr 2+Den 2 0 Unfurnished Yes Yes W Preserve 2022 2003 $375,000 $185 34
Condos in Copperleaf at the Brooks (Closed & Pending From November 1st to December 31st, 2010) P 19942 Markward 3+Den 3 0 Negotiable Yes No N Golf Course, Lake, Preserve 2939 2004 $674,900 $230 393
P 22800 Sago Pointe Dr, #2502 2+Den 2 0 Negotiable No No SE Golf Course, Lake 1633 2002 $239,000 $146 73 CS 20095 Palermo Lake Ct 3 Bed 2 0 Furnished Yes Yes E Lake 1627 2004 $497,900 $306 12/2/2010 $325,000 $200 250 65%
To view Active listings visit [Link] Condos in Grandezza (Closed & Pending From November 1st to December 31st, 2010)
CS 20121 Seagrove St, #507 2+Den 2 0 Furnished No No E Golf Course, Lake 1490 2002 $155,000 $104 12/25/2010 $145,000 $97 380 94%
P 20200 Calice Ct, #103 3+Den 2 0 Unfurnished No No W Golf Course, Lake 2150 2004 $233,640 $109 52
Wildcat Run 18-Month Market Trends
0
CS 20130 Seagrove St, #2502 2+Den 2 0 Furnished No No E Golf Course, Lake 1642 2002 $191,960 $117 12/17/2010 $176,500 $107 356 92%
CS 20151 Seagrove St, #201 2+Den 2 0 Partly Furnished No No E Golf Course, Lake 1449 2001 $189,900 $131 11/1/2010 $160,000 $110 197 84%
CS 20251 Burnside Pl, #601 3 Bed 2 0 Unfurnished No No E Golf Course, Lake 1767 2005 $279,000 $158 12/10/2010 $245,000 $139 104 88%
CS 20281 Burnside Pl, #903 3 Bed 2 1 Turnkey No No E Golf Course, Lake 1767 2005 $339,900 $192 12/3/2010 $270,000 $153 271 79%
To view Active listings visit [Link]
Wildcat Run inventory has been fairly consistent the last couple of years and Wildcat Run sales have not had any significant spikes. It appears "season" has no impact on sales in Wildcat
Run. Sellers should not expect any different in 2011 and with monthly turnover around 6% sellers will need to be aggressive to sell. Wildcat Run does traditionally see an increase in
price improvements during the early months of the year so keeping your home positioned ahead of the market will be very important.
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Single Family Homes in Wildcat Run (Closed & Pending From November 1st to December 31st, 2010)
CS 20613 Wildcat Run Dr 2+Den 2 1 Partly Furnish Yes Yes W Golf Course 2137 2004 $359,000 $168 11/29/2010 $329,000 $154 33 92%
CS 20099 Cheetah Ln 3+Den 3 2 Unfurnished Yes Yes SE Lake 3830 2009 $699,000 $183 11/23/2010 $625,000 $163 209 89% The two year market trends in Rapallo show improvement in inventory reduction and while turnover is only about 4% per month there have been minimal sales every month in 2010.
P 12600 Wildcat Cove Cir 2+Den 2 0 Turnkey Yes No S Golf Course 2386 2001 $375,000 $157 162 Rapallo is a one of a kind community offering ideal location and superior amenities. When you factor in what you get for the monthly fees in Rapallo you will find the fees are a great
P 20108 Cheetah Ln 3+Den 4 0 Unfurnished Yes Yes NW Golf Course, Lake 3660 2009 $649,000 $177 246
Condos in Wildcat Run (Closed & Pending From November 1st to December 31st, 2010)
value. With Rapallo’s great amenities, beautiful homes and value fees we strongly believe Rapallo is one of best communities in the area. Homes in Rapallo are all fairly similar and with
CS 20667 Wildcat Run Dr, #102 3 Bed 2 0 Unfurnished No No W Lake, Preserve 1759 2000 $219,500 $125 12/29/2010 $215,000 $122 230 98% inventory high; buyers have so much to choose from and setting your home apart from the others can be difficult. Low turnover and high inventory means prices will drop in Rapallo. It
CS 20881 Wildcat Run Dr, #6 3 Bed 3 0 Unfurnished No No SW Lake, Preserve 2560 1995 $299,900 $117 12/29/2010 $275,000 $107 394 92%
is the smart seller that stays ahead of the market. Competitive and aggressive PRICING within your home segment will be critical to getting your home sold this season.
To view Active listings visit [Link]
It is a fact the homes in the lower 25% of the pricing scheme have a dramatic increase in showings, if your showings increase, you increase your odds of an offer. If you have not had any
Lighthouse Bay at the Brooks 2-Year Market Trends
0
showings (maybe one or two) in the last 30 days YOUR ARE OVER PRICED. The market is speaking to you, are you listening?
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Rapallo (Closed & Pending From November 1st to December 31st, 2010)
P 22310 Piazza Doria Ln, #205 2+Den 2 0 Unfurnished No No W Lake 1342 2006 $139,900 $104 106
P 8608 Via Rapallo Dr, #203 3 Bed 2 0 Unfurnished No No N Lake 1732 2006 $239,000 $138 67
CS 8533 Via Garibaldi Cir, #202 3 Bed 2 0 Unfurnished No No SE Lake 2492 2007 $355,000 $142 11/8/2010 $310,000 $124 120 87%
P 22321 Piazza Doria Ln, #204 3 Bed 2 0 Turnkey No No E Lake 1746 2006 $249,000 $143 87
CS 8625 Via Rapallo Dr, #204 3 Bed 2 0 Unfurnished No No S Lake 1732 2007 $249,000 $144 11/1/2010 $238,000 $137 114 96%
CS 8516 Via Lungomare Cir, #206 2 Bed 2 0 Negotiable No No SE Lake 1836 2006 $299,500 $163 12/16/2010 $281,000 $153 77 94%
CS 8681 Piazza Del Lago Cir, #203 2+Den 2 0 Negotiable No No S Lake 1732 2007 $314,000 $181 11/6/2010 $298,000 $172 557 95%
P 22162 Point Ramano 3+Den 2 0 Unfurnished No No W Lake 2376 2007 $529,000 $223 1050
P 22312 Punta Del Capo Ct, #103 3 Bed 2 0 Unfurnished Yes No SW Lake 1976 2006 $449,000 $227 99
Inventory has dropped nearly 50% the two years in Lighthouse Bay. With buyers having few properties to chose from having your home in top showing condition could be the difference To view Active listings visit [Link]
between selling or holding onto your home until 2012. With prime selling months from Jan to March if you are not getting a couple showings a week you need to look at your homes
positioning in the market before it is too late. Call Michael Burke at 239‐498‐7600 and he will show you how to price it properly!
List
Shadow Wood at the Brooks 2-Year Market Trends
0
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Lighthouse Bay at the Brooks (Closed & Pending From November 1st to December 31st, 2010)
P 23891 Costa Del Sol Rd, #101 2+Den 2 0 Unfurnished No No W Lake 1364 2002 $142,016 $104 92
CS 23731 Old Port Rd, #203 2 Bed 2 0 Furnished No No W Lake 1176 2000 $139,000 $118 11/15/2010 $135,000 $115 120 97%
P 10910 Santa Margherita Rd, #203 2+Den 2 0 Unfurnished No No N Lake 1446 2003 $175,000 $121 223
P 23820 Marbella Bay Rd, #204 2+Den 2 0 Negotiable No No E Lake 1402 2003 $185,000 $132 226
CS 23721 Eddystone Rd, #203 2 Bed 2 0 Turnkey No No SW Lake 1392 2001 $185,000 $133 12/15/2010 $167,500 $120 126 91%
P 23833 Amalfi Coast Rd, #125 3 Bed 2 0 Unfurnished No No W Lake 1956 2004 $319,000 $163 10
To view Active listings visit [Link]
Shadow Wood at the Brooks is one of the most desirable communities in Lee County. With membership issues resolved we expect a good season in 2011. Shadow Wood inventory is
consistent with 2010 and will likely break into the 100s by February 2011. The 2010 sales spike in January and February was due to membership turnover and pent up demand, while we
believe 2011 will be a good season we won't see as dramatic of a spike in the next couple months. Selling in Shadow Wood at the Brooks is a bidding war inside a beauty contest and the
increased inventory and price reduction in the winter makes selling very competitive pricing your home competitively will be key to selling in 2011.
Keller Williams Elite Realty is currently dominating the Shadow Wood at the Brooks market holding 50% of all listings and 34% of sales in 2010.
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Shadow Wood Preserve should be a hot community this season but it won't be ,why? Prices are still too high, the buyers are speaking to Shadow Wood Preserve. This community offers Single Family Homes in Shadow Wood at the Brooks (Closed & Pending From November 1st to December 31st, 2010)
homes built by some of the best builders in SWFL and amenities comparable to any top luxury golf community in the area however home prices are being perceived as too high by CS 21891 Longleaf Trail Dr 4+Den 2 1 Negotiable Yes Yes N Lake 2453 2005 $529,500 $216 11/15/2010 $475,000 $194 163 90%
P 9247 Oak Strand Dr 3+Den 2 1 Unfurnished Yes Yes S Lake, Preserve 2467 2000 $549,000 $223 325
buyers. Like it or not prices will drop in Shadow Wood Preserve and if you are looking to sell it will be best to sell sooner before prices drop further. Selling is far from hopeless in Shadow CS 9091 Falling Leaf Dr 3+Den 2 1 Negotiable Yes Yes S Wooded Area 2453 2002 $559,000 $228 11/12/2010 $535,000 $218 230 96%
Wood Preserve but strong marketing and an accurate CMA will be extremely important to getting your home sold. P 9521 Chartwell Breeze Dr 3+Den 3 1 Negotiable Yes Yes SW Lake 3755 2006 $975,000 $260 239
CS 22556 Baycrest Ridge Dr 3+Den 3 0 Negotiable Yes Yes NW Golf Course, Lake 2770 2004 $739,000 $267 11/15/2010 $675,000 $244 1 91%
List
CS 10065 Ginger Pointe Ct 3+Den 3 1 Unfurnished Yes Yes S Golf Course 2662 2001 $729,000 $274 11/18/2010 $700,000 $263 140 96%
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
CS 10551 Timber Lawn Dr 4+Den 4 1 Unfurnished Yes Yes NW Golf Course, Preserve 3755 2006 $1,099,000 $293 11/25/2010 $1,000,000 $266 217 91%
Single Family Homes in Shadow Wood Preserve (Closed & Pending From November 1st to December 31st, 2010)
CS 9100 Willow Walk 3+Den 3 2 Negotiable Yes Yes NE Golf Course, Lake, Preserve 3520 2002 $1,195,000 $339 12/17/2010 $1,070,000 $304 77 90%
CS 18271 Parkside Greens Dr 3+Den 2 0 Unfurnished Yes Yes E Golf Course, Preserve 2540 2004 $499,900 $197 12/17/2010 $450,000 $177 411 90%
P 22041 Shallowater Ln 3+Den 3 1 Unfurnished Yes Yes SE Golf Course, Lake, Preserve 3524 2006 $1,250,000 $355 59
CS 18880 Knoll Landing Dr 3+Den 4 0 Unfurnished Yes Yes W Golf Course, Preserve 3590 2007 $799,999 $223 12/10/2010 $730,000 $203 109 91%
P 9320 Lakebend Preserve Ct 3+Den 3 1 Unfurnished Yes Yes S Golf Course, Lake 3519 2003 $1,250,000 $355 118
Condos in Shadow Wood Preserve (Closed & Pending From November 1st to December 31st, 2010)
Condos in Shadow Wood at the Brooks (Closed & Pending From November 1st to December 31st, 2010)
P 18510 Sandalwood Pointe #201 3+Den 2 1 Furnished No No SW Golf Course 3101 2003 $250,000 $81 38
P 10321 Autumn Breeze Dr, #102 3 Bed 2 1 Negotiable No No E Lake 2060 2002 $289,900 $141 332
CS 7090 Bay Woods Lake Ct, #201 3+Den 2 0 Turnkey No No S Lake 2380 2004 $239,000 $100 12/10/2010 $220,000 $92 230 92%
CS 9201 Palmetto Ridge Dr, #201 2+Den 2 0 Negotiable No No S Golf Course, Lake 2040 2003 $334,900 $164 12/9/2010 $315,000 $154 129 94%
To view Active listings visit [Link] To view Active listings visit [Link]
4 | Special Market Report | January | February | 2011 P = Pending / CS = Closed / = Short Sale / = Foreclosure Special Market Report | January | February | 2011 | 1
MARKET REPORT
P = Pending
CS = Closed
= Short Sale
ESTERO | BONITA SPRINGS | NAPLES = Foreclosure
Michael@[Link] | 239-777-0473
January, 2011 - 2-Year Market Trends
0
The two year market trends in The Colony show the large improvement in inventory reduction. The Colony will continue to be a very dynamic community with a wide range of home
categories from Estate Homes, Villa Homes and Condos to High‐rises and Midrise and with the large number of distress sales, pricing your home properly can be complicated and will Year‐to‐date closed sales are up 13% over 2009. All price segments show sales increases over 2009, with $1M+ sales posting the largest increase. There is still a lot of work to do in the
take a professional familiar with The Colony to market your home properly. In 2010, 22% of sales in The Colony were either short sales or foreclosures and 13% of the homes currently for housing industry but the shrinking inventories and increasing sales show that we are making [Link] the end of the year we’ve extended the Market Trends report on most
sale are distress sales. The Colony will see similar distress sale percentages in 2011. This season sellers should expect fierce competition especially in the Estate home segment with communities to two years. Selling in 2011 is clearer than it was a year ago. The recent sales show us were the trigger points are for buyers and while prices have dropped so have the
builders selling their own product alongside resales. prices of your next potential home. A skilled agent like Michael Burke will help you sell for top dollar and buy low. 63% of all sales are currently $250k and less. Investors are buying many
of low end property and that trend will continue in 2011. A Bella Terra condo just sold for $70k with fees around $300 a month and able to collect rent at $1000 for an annual renter
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
many investors are capitalizing on deals like this one. On the higher end we are also seeing homeowners selling for a smaller homes to buy larger ones to take advantage of the lower
Single Family Homes in The Colony (Closed & Pending From September 1st to October 31st, 2010) prices. We are also seeing more homes sell up north allowing buyers to relocated to a warmer weather estate home.
P 4660 Via Ravenna 3+Den 3 1 Turnkey Yes Yes NW Landscaped Area 3447 2005 $999,000 $290 43 We’re sorry but we love to hear about the horrible weather up north. We know that there nothing motivates buyer to be in Florida like heavy snow storms. Temperatures are in the 70s
CS 23860 Messina Ct 3 Bed 3 2 Turnkey Yes Yes W Golf Course, Lake 5090 2001 $2,150,000 $422 12/2/2010 $2,150,000 $422 1 100%
Condos in The Colony (Closed & Pending From September 1st to October 31st, 2010)
in Lee County and not a cloud in the sky. Pricing and strong marketing will still be key to selling in 2011. It is a fact that homes in the lower 25% of the pricing scheme have a dramatic
P 23741 Merano Ct, #202 3+Den 3 0 Turnkey No No E Golf Course, Preserve 2748 2004 $400,000 $146 344 increase in showings, if your showings increase, you increase your odds of an offer.
Highrises & Midrises in The Colony (Closed & Pending From September 1st to October 31st, 2010)
CS 23540 Via Veneto Blvd, #502 3 Bed 2 1 Unfurnished No No W Bay, Golf Course, Lake 1910 2006 $325,000 $170 11/30/2010 $370,000 $194 476 114%
CS 24001 Via Castella Dr, #3504 3 Bed 3 1 Unfurnished No No SW Bay, Golf Course, Preserve 2665 2006 $529,000 $198 12/6/2010 $515,000 $193 74 97%
CS 24031 Via Castella Dr, #1501 3 Bed 3 1 Unfurnished No No SW Bay, Preserve 2665 2006 $579,000 $217 12/3/2010 $542,000 $203 114 94%
CS 23850 Via Italia Cir, #605 2+Den 2 1 Unfurnished Yes No W Bay 2273 2007 $649,900 $286 12/3/2010 $602,500 $265 137 93%
P 23850 Via Italia Cir, #1404 3 Bed 3 0 Unfurnished No No W Golf Course, Gulf and Bay 2086 2007 $699,500 $335 77
Bonita Springs 2-Year Market Trends
0
Do price adjustments have an impact on homes selling? The purple line represents Price Changes and the red represents Pending "or homes under contract" the two lines follow almost
step by step each month. If your home hasn't sold it will likely needs a price adjustment. PRICE REMAINS TO BE THE KEY TO GETTING YOUR HOME SOLD!
Pelican Landing is the most consistent community in the area. By looking at the two year market trends sellers can expect increasing inventory and price improvements thru March 2011
and inventory turnover at around 8% per month. While Pelican Landing is one of the better selling communities, the 8% turnover shows that sellers still need to be aggressive in price
and with high inventory buyers will likely be looking at several different homes so keeping your home in top showing condition will be very important. 0
It is a fact the homes in the lower 25% of the pricing scheme have a dramatic increase in showings, if your showings increase, you increase your odds of an offer. If you have not had any
showings (maybe one or two) in the last 30 days YOUR ARE OVER PRICED. The market is speaking to you, are you listening?
List
Stat Address Bed Bath Half Furn Pool Spa Exp View SqFt Built List Price SqFt Sold Date Sold Price Sold SqFt DOM %List
Single Family Homes in Pelican Landing (Closed & Pending From November 1st to December 31st, 2010)
CS 24930 Pennyroyal Dr 4 Bed 3 1 Unfurnished Yes Yes W Golf Course, Lake 3088 1993 $629,000 $204 11/11/2010 $530,000 $172 231 84%
CS 25058 Pinewater Cove Ln 3 Bed 2 0 Negotiable Yes No W Landscaped Area 1704 1996 $370,000 $217 12/15/2010 $365,500 $214 295 99%
CS 25262 Galashields Cir 2+Den 2 0 Negotiable Yes No W Golf Course 2012 1997 $439,000 $218 11/15/2010 $390,000 $194 133 89%
CS 24571 Woodsage Dr 3+Den 2 1 Unfurnished Yes No N Lake 3151 1993 $699,900 $222 11/30/2010 $600,000 $190 254 86%
CS 25006 Pinewater Cove Ln 3 Bed 3 0 Unfurnished Yes No N Lake 1948 1995 $440,000 $226 11/15/2010 $380,000 $195 133 86%
CS 3651 Lakemont Dr 3 Bed 2 0 Negotiable Yes Yes S Lake 2439 1992 $565,900 $232 11/29/2010 $500,000 $205 49 88%
Condos in Pelican Landing (Closed & Pending From November 1st to December 31st, 2010)
CS 24370 Sandpiper Isle Way, #101 2 Bed 2 0 Unfurnished No No SE Lake 1621 1997 $169,000 $104 12/2/2010 $169,000 $104 94 100% There is a definite similarity between price adjustments and Price Changes in Estero. There was a large spike in Pending properties in January due to the large influx of seasonal residents
CS 25200 Pelican Creek Cir, #202 3 Bed 2 0 Unfurnished No No NW Landscaped Area 1846 1996 $200,000 $108 12/21/2010 $187,500 $102 338 94% coming back to town. If your home has not sold it likely needs a price improvements. Numbers do not lie!
P 3484 Pointe Creek Ct, #202 3 Bed 2 0 Unfurnished No No NE Lake 1650 2001 $179,900 $109 37
CS 3421 Pointe Creek Ct, #104 2+Den 2 0 Turnkey No No S Water, Creek 1335 1997 $149,800 $112 11/29/2010 $142,000 $106 112 95%
P 24470 Reserve Ct, #201 3 Bed 2 0 Negotiable No No S Golf Course 2140 1994 $255,000 $119 64
CS 25151 Sandpiper Greens Ct, #201 3 Bed 3 0 Turnkey No No SE Golf Course, Lake 2212 2004 $300,000 $136 11/8/2010 $285,000 $129 47 95%
P 24797 Lakemont Cove Ln, #204 3+Den 2 0 Negotiable No No W Pool/Club 1882 1992 $259,000 $138 44
CS 24627 Ivory Cane Dr, #203 3 Bed 2 1 Turnkey No No SW Golf Course, Lake 2112 1997 $299,900 $142 12/17/2010 $285,000 $135 110 95%
Spring Run at the Brooks 2-Year Market Trends
0
P 24651 Canary Island Ct, #201 3 Bed 2 1 Turnkey No No E Lake 2112 1996 $299,900 $142 225
To view Active listings visit [Link]
Prosperous 2011!
w/vaulted ceilings, archways, niches, French doors. CS 9351 Spring Run Blvd, #3202 2+Den 2 0 Turnkey No No E Golf Course 1558 2002 $199,500 $128 11/29/2010 $190,000 $122 88 95%
2 guest bedrooms one very large in size doubling CS 9161 Spring Run Blvd, #1705 2 Bed 2 0 Turnkey No No N Golf Course, Lake 1333 2000 $180,800 $136 12/15/2010 $170,000 $128 864 94%
perfectly as a media room. Water, golf course, CS 9291 Spring Run Blvd, #2703 2 Bed 2 0 Negotiable No No E Golf Course, Lake 1333 2002 $183,777 $138 11/1/2010 $162,000 $122 184 88%
tropical views through a wall of sliders from CS 23516 Sandycreek Ter, #207 3 Bed 2 0 Furnished No No NW Golf Course, Preserve 1811 1999 $284,900 $157 12/16/2010 $272,500 $150 66 96%
morning room to the great room opens to the tailed
lanai.. Quietly located at the end of the street in a To view Active listings visit [Link]
private neighborhood of Oak Hammock at Shadow
Wood At The Brooks. Offered at $310,000.
Stoneybrook, Estero
9586. 4 bed+den, 3 bath, 3-car garage, 2609
sf under, 3706 total sf. on the end of a cul-
de-sac. Formal dining, living room, casual
family room, oversized 4th bedroom w/private
REAL
bath, tile, miter window, intercom/stereo, rich
6” crown molding, decorative plant ledges.
Sliding doors throughout leading to the lanai
ESTATE .com
bringing the tropics indoors add to the appeal
of this home. Lanai, built-in heated pool, pool
bath and golf course, lake views with a SW
exposure offering picturesque sunsets. Short
Sale offered at $349,900.
Call Michael 239-498-7600.
hoose
SPRINGS Michael.
| NAPLES
s Michael Burke. A member of numerous local real estate
Rapallo at Coconut Point, Estero
ducer keeps tabs on the local market by staying intimately 2640. Mediterranean inspired 3 bedroom+den,
2376 sf, 3712 total sf Villa. 2-story ceilings,
uying, Michael brings to the table strong negotiation skills, plantation shutters, tile on diagonal in main
areas, accented tile. Kitchen paneled cabinets
egrity, and the ambition it takes to achieve 100 percent w/crown molding, stainless steel appliances,
granite counter tops drop lighting. Living
room, wall-wall sliders leading out to the lanai
ered only by his understanding of his clients’ needs. w/private built-in pool, views of lake and
fountain. 2nd Floor private bedroom & bath
with jetted tub, kitchen area & spectacular loft
leading to private balcony and tropical views
beyond. 1st Floor master suite w/2 large walk-
he side of success.
in closets, private sliding entry to the lanai/
pool. Offered at $399,000.
Call Michael 239-498-7600.
SW Florida Homes or Call D. Michael Burke, p.a. 239.498.7600 for More Information
10 | January | February | 2011
REAL
ESTATE .com
Castle Financial
➢➢ If a junior lien holder is not included in the foreclosure in the official records,
lawsuit, the buyer of the property will be faced with the previous owner or
attorneys’ fees and costs to correct the title problem, tenant may be delinquent
which may include re-foreclosing on the property. in payment for these Financial, Retirement, Estate Planning
➢➢ If a tax certificate holder applies for a tax deed, the services. When a buyer
tax deed holder can claim title to the property, leaving attempts to obtain the
and Money Management
RS
CON N
STRUCTIO The Colony, 4875 Pelican Colony Blvd., Suite 1401,
Bonita Springs, Florida 34134-6952
(239)643-6527 Please call 239-947-9255 for a free consultation!
aap@[Link] | [Link]
[Link] Securities Offered through Cadaret Grant & Co., Inc. Member FINRA/SIPC
CGC1517105
12 | January | February | 2011
Michael’s constant companions. If you see us out and about... please stop us and say hello!
FREE!
Adoption Fee: $75
Hurry, offer expires August 31, 2011! See manager for details.
Comments: I have been in why more and more customers are picking us as the safe
and easy choice.
foster care where I received lots
41
lony Blvd
Co
n
of love and attention so I’m a very Murano
a
Del Lago Dr
Pe
Coconut Point Art Festival: (Estero) Historic Palm Cottage & Norris Gardens:
Feb 12 & 13, 10am-5pm. Annual festival displaying an (Naples)
eclectic mix of art available for sale. Jan/Feb, Tues-Sat 1-4pm. (239) 261-8164.
Featured Columnist
This column is produced by the Financial Planning Association and
provided by Al Procaccino, a member of FPA and Certified Financial
Planner with Castle Financial.
Leslie Maloney
President
Ofc (239) 992-2226
Cell (239) 580-7914
PROFESSIONAL CLEANING INC.
• Residential • New Construction
• Commercial • Rental Property Our # 1 Priority is Customer Satisfaction!
• Water Damage • Moving & Storage
Licensed & Insured
Specialize in Maintenance Contracts
• Local & Long Distance
p ro l i n e p ro c l e a n @ y a h o o. co m
• International
Pro-Line [Link] 1 11/13/07 10:45:28 AM• Free stretch wrap & Quilt pad wrapping
(800) 226-4663 TOLL FREE (239) 939-7983 TEL (239) 939-5721 FAX
5607 8Th STREET WEST, LEhigh AcRES, FL 33971
January | February | 2011 | 15
REMEMBER, Practice alone doesn’t make perfect, explained on the skill level of the client and is based out someone to help you understand the path to
“perfect practice makes perfect” on their game priorities, also taking into consideration your personal success through” planned progressive
As a golf instructor your goal is to have your clients physical assets and liabilities and prior experiences. practice” not just hitting balls, “Perfect Practice makes
make improvements to reach their goals and have fun To be successful in golf it takes a simple formula, Perfect”.
playing golf. For the past 38 years here in Southwest the knowledge, desire, dedication, determination
Florida I have worked with clients who practice but and you will be successful. Why to practice, what
do not stick to the plan. You must stick to the plan to to practice, when to practice, how to practice, how
see the results. I call it a planned progressive practice much to practice and of course the changing of the
programs. First we set realistic goals, and then we do what, when and how much to practice, based on the
a little thing I call mapping, which is watching the progress or lack of progress towards the goal set. I Puzzle Answers from page 5
person on video with various clubs from different always tell my clients to write down their practice
angles to see what is constant and what varies in sessions. What they would like to do in that session
the pre swing and of course in the swing itself. Once and some of their findings during that session. Maybe
we have documented enough swings to clearly it was mechanical or feel sensation or mental attitude,
understand the persons strong and weak points we only what they were doing on their mind not friends,
then start to build a presentation to explain the cause family or work just this golf practice session.
and effect of what is transpired. This of course is My advice for golfers who want to improve, seek